We've received a number of emails alerting us to another advanced fee loan scam! Fortunately, we were able to stop several near victims before they wired money to these scammers.
The latest loan scammer goes by the name of Silverfield Financial Group. All of our near victims were offered a $5,000 guaranteed loan. The catch? They wanted the first 8 months payments up front — wired via Western Union, of course. Here are the details:
Fake lender website: www.silverfieldfinancial.com
Fake lender phone number: 1-800-627-6189
Fake loan amount: Minimum of $5,000
Guarantee Deposit: 8 months payments up front via wire transfer
Although these guys claim to have been around for 14 years, their site was just registered a couple of weeks ago:
silverfield admin@SILVERFIELDFINANCIAL.COM +1.3153629010
silverfield
1 South Washington St
Rochester,NY,US 14614
Domain Name: silverfieldfinancial.com
Record last updated at 2009-05-26 14:16:39
Record created on 2009/5/26
Record expired on 2010/5/26
These scammers can be very convincing, but don't be fooled! A legitimate lender would NEVER ask you to wire transfer a deposit or payment before granting a loan. If you come across one of these offers, DO NOT SEND THEM YOUR MONEY!!
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{ 46 comments… add a comment }
I was contacted by these guys with exactly the same MO as described here. They said I was a credit risk and that the loan would have to be secured with a $1400 deposit. They claimed to be a broker and would mediate loans between lenders and clients. Fortunately, I did not buy this offer hook-line & sinker. My friend got to this webpage before I did because I told her I would have to check them out before making any commitment. It’s amazing in these hard times there are predators like these guys trying to prey on honest people’s vulnerability.
Also, for being a 14 year old credible business they are not registered with the BBB because I already checked there.
I was recently contacted by a David Penn from this group with the same MO. He wanted me to give him 2200 up front for the first five payments. It seemed weird because nobody asks for money up front for a loan. I also checked with the BBB and seen if they were FDIC and of course they are not.
Thank you so much for your comments. I almost mailed my up front payments today. Something told me to check them out a little closer. I’m a single girl trying to make ends meet, tis would have devistated me. I could not afford to loose this kind of money in a scam.
I was almost taken in by David Penn’s easy on line lending scam. I was approved for a 30K loan overnight. With no proof of employment, credit references…boom I was approved no questions asked. I was so excited, all I had to do was send in 8 payments in advace and the money would be transferred into my checking account. Although it sounded good…something just felt funny. I pulled my credit report Silverfield Financial didn’t even check my report even I know any lender is going to check that to see what your risk factor is. THE RED FLAG WENT UP! I got on line and found this web site…sure enough it’s a scam! Thank you America for this posting. To think I almost lost my entire savings on this. I have reported this to the BBB. Somehow this “David Penn” needs to be shut down!
Unfortunatley, I got a call from these so called lender’s on June 23. When I check them out on google, there was nothing. Not a single comment from anyone. I was taken for $900. I got so upset, that I went through a whole research trying to find their location. In fact, I know their current location is nothing but a sham, but I’m still looking for them. I hope find out exactly where they are.
These [inert bad word here] almost made my father-in-law draw out $3500 from his retirement for “6 mos payment” on a $40,000 loan for my wife and me. My wife urged me to research them before we signed and my father-in-law beat me to it. I can’t believe these disgusting people *almost* got us!
unfornatly I didn’t see this and I GOT TAKEN.in the amount of 800.00 and they wanted another 800.00. When I told them that I got a lawyer they wanted talke to my lawyer I gave them the no# and as the lawyer said they didn.t call I am going to contact the district attorney in pa and the state police I want to shut them down before someoneelse gets screwed.
I am sorry for those who were scammed and thankful that we found this website before dishing out $800 via Fast Trac/Western Union whatever! James Thompson was the person my dad spoke to with the SAME crappy process stated above. People need money so bad these days and these jerks are working to take the little remaining from them! Shame on them!
OMG… I am so thankful that i decided to look up this website because “SILVERFIELD” just faxed my papers today and i was getting ready to get the “COLLATERAL” is what they call it…and wire the money.. times are very hard now days and i have been searching everywhere for a loan to pay for school. but the credit is so strict now so i thought i had found my break with “SILVERFIELD”.. i feel very sadden at this and my sympathy to those who didnt see this site before hand….exactly what everybody else said is exactly what “David Penn” said to me on the phone…WOW this is so shocking top me.. i am taken back!!! these people should be arrested!! They told me to send 1,632.00!!!
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I was taken for $930, They called me the day the money was supposed to be wired into my account and said they needed more money becuase i was a high risk.. I told them i wanted my money back and they said they would’nt be able to send me a check till july 20,, I checked credit bloggers before i signed the papers and did’nt find anything on them.. After figuring out i was scammed i check on here again and found out it was really a scamm!!
I got scammed by the same people. However, it wasn’t silverfield it was Kingston Financial. I know they are the same company because of the number and the name you are giving. I was contacted by a DAVID PETERSON and the number there is 1800-624-6189. I was taken for my whole check of $750. he did the same thing called said i needed to send more money i told him no and that he needed to send my payment back. he said they couldn’t until july 10th because of their billing cycle. Well its the 14th and no money. I’m trying to find these guys and catch them in a trap so i can find where they are really located. I think they have people send stuff to canada because they have some account that it gets diverted to. Money gram can’t do anything about it. I wish i could get a court order to find out where they pick the money up at or where it gets re-routed. any body who wants to bring these guys down and get their money back let me know. I need someone who may know what to do next how can we trap these guys. I think they block your number after they scam you because the number you call only says “goodbye” when you call it. they screwed me financially for the next 3 months trying to catch up and pay off…
did anyone get their money back? They assured me the money would be in my account and hung up on me.
These crooks are good at what they do and know that once you send a money by wire through Western Union, it’s gone. One of the main reasons why Western Union has this warning on their site:
“If you need to send money to someone you don’t know well, you may be putting yourself at risk for fraud.
Because we care about consumers, Western Union urges you to protect yourself from fraud by considering the following:
* Never send money to a stranger using a money transfer service.
* Beware of deals or opportunities that seem too good to be true.
* Don’t use money transfer services to pay for things like online auction purchases.
* Never send money to pay for taxes or fees on foreign lottery winnings.
* Never send a money transfer, in the name of a friend or relative, with the intention of changing the name to someone you have not met personally.
* Never send a money transfer, in the name of a friend or relative, in order to delay payment of the transaction to someone you have not met personally.
* If you think you’ve been a victim of fraud, contact us at 1-800-448-1492.”
Here’s the link: http://www.westernunion.com/WUCOMWEB/staticMid.do?method=load&countryCode=US&languageCode=en&pagename=fraudIndex&pid=fraud00016
Thank you for all the posts. I was contacted by them recently and they told me the same thing. I was a high credit risk so I could only get a secured loan from one of their “investors.” At first they wanted almost $1400 up front as collateral and my first payment would not be due til April. I told them I could not afford that, hence the reason I wanted a loan. Then they negotiated it down to $700, still money I didn’t have. They told me to call back to work something out. I’m very disappointed because I really could have used it.
I got scammed to.Out 800 and going to lost my car now.I think I need to call the district attorney in pa and the state police and see if they could if put a wire tap on these people and see if they could find them.Make up a name and than call them from another phone.They need shutdown now.What do you think?
I also was approved for a 6000 dollar loan and Scott.. told me I had to have a down payment of 1000.00.. He told me to wetern union the money to some Woman named Lisa in Canada.. This sent of red flags in my mind, So I called him back and told him. Hell no.. this does not sound rite.. He told me I needed to have a lil faith in the company.. I tried callin there so called costomer service.. and it was onother guy that claimed he worked for them.. I said I wanted to make a payment on my loan.. He was like maam when did you recieve the loan lmao.. I was like wow… cuz he knos full well you dont get no loan Im 25 years old, and I may not have the best credit or experience in these things but I am not stupid.. Thank God I did not send that money I woulda been messed up.. DO NOT SEND THEM %$#@>> and yes they need to go to jail for this.. does anyone kno how to report them..
All, I have been taken for almost $1600 dollars. I wired money to a Leslie Sargent on Friday 7/17 and I TOO did not see any scam alerts or messages online with regards to this company until today. I received a call from the manager at this so called company saying my “loan” had been reassessed and that they were requiring an additional $1500 dollars down. I have gone to the local FBI, I have filed a complaint with the local police department and will be calling the Seattle attorney general and prosecuting attorneys office. I suggest you contact and COMPLAIN asap make sure your accounts are covered, your ssn is covered by calling your local social security administration office immediately. Contact your bank to make sure that they are aware that you may have been a victim of identity theft etc. Cover your basis and do it quickly. I have a feeling this company moves from town to town, do not apply anymore online for anything unless it is a company you have heard about. If you need additional information please pay attention to thse scam alerts, fraud alerts and do not ever wire any monies to anyone. – SEATTLE
PS- last week this company had a website, now it’s offline. I have called back numerous times to their 800# and they are not answering so I am assuming they have caller id. I had my finance call from his number and they answered each time!!!
Also wanted to give this information to file a complaint with the FBI is through the Internet Crime Complaint Center http://www.ic3.gov and fill out a complaint. Also contact the local FBI in your area and they will give you an address to mail your documentation to and attn it to the OFFICER ON DUTY. Someone will contact you about your case. The more of us that do this the better, let’s be CRIME STOPPERS AND SHUT THESE PEOPLE DOWN. http://www.ic3.gov/default.aspx
I file a complaint with the FBI to.I try to call and got no were.They have caller Id all right.I pissed now and want these people stopped.
All,
I have been doing my due diligence and calling to report to many agencies about this company. The more complaints we give the better: here is who I have been contacting and they can help you as well
FBI http://www.ic3.gov
SSA- Social Security Administration Offices (look in ur area)
Federal Trade Commission 1-877-438-4338
Local Police Department
Western Union http://www.westernunion.com or customer Service @ 1-800-325-6000
Attorney General office Rochester, NY 585-546-7430 – You can talk to a live person and open up a complaint
Contact your local bank institutions, your department of licensing for your ID, and etc. You can also place a fraud alert on your credit reports online at http://www.experian.com
Any questions let me know and I will blog you back!
Hi, my name is Sunita & i have a question..what happens now that they also have all our information such as SS#, address & even phone number…
Thank you everyone! I almost got scammed.. I just got a loan offer of $50,000 from silver field fiancial, and they send me a fax that i needed to make my frist 12 MONTHS payment of $3828. the lady Grace overton was handling my file, then a few days later i got a call from a DAVID PENN, who told me that GRace no longer works for the company and that he will be handling my file, i started to get suspicious and then he called me again and said in order to send my money in to them i have to go through money gram located in walmart, because they no longer go through western union. becuase of some problems!… I started to get very suspicious and located this website…. thank u bloggers! no one should send any money to them
Thank you Vicki for updating us on this. I am so happy that they didn’t get any money from you, but you still want to protect yourself and your SSN, and credit reports. These people have access to you personally still. So please be “cautious”. OF course they are having problems with western union now, I placed a fraud alert and did a fraud report yesterday, and I am sure the more people that do this, the better!
I have did all that.Plus my son works at a bank and he’s checking into it more.I would like to know the real names of these people that came up with this scam.I would 15 mintues with them with a baseball ball.
Hello,
Warning to all my husband just came across a company that is possibly these guys under a new fraud name of Capitol Referrals Services the contact number for them is 1-866-201-6731 they are looking for insurance money now which they claim it will be refunded at the time you fufill your loan obligations with them. Everything is the same to the T as the ones who took us for $1000 to cover our first few payments. Pleas nobody send them your money they are FRAUDS!
Ladies and Gentelmen,
This is an update as of 7-24-09
The number has been shut off, repeat they have changed the number. tried to call all day and it hangs up on you.
Sadly they have won yet again.
I learned the hard way. I sent them the security deposit and was told by Thomas Renyolds that the lender backed out of the loan and I would receive my deposit back July 28th, their payment cycle. I called July 22, 2009 and the phone does not ring all I get is “Thank you goodbye”. I pray that they will be stopped and people including myself will investigate loan companies before giving them their money. I looked the company up after Thomas told me that the lender backed out. Please don’t be so desperate and stupid as I was. It would not be so bad but I borrowed the moeny from my brother expecting to pay him back after I received the loan. Now I have to find the money to pay my brohter back. All I can do is pray and ask God to turn the situation around and that He will touch their hearts so that they will stop this scam.
These guys are now using Silverwood Financial Services
out of cortlandt st NY NY Almost got scammed by the same guys. already reported them .
I was contacted by David Penn about a $5000 loan. He told me to send in $800 and the money would be sent the next day. I talked to my husband about it and we decided to go ahead and do it. I told him that it sounds to good to be true and I may need to look them up. To make a long story short, I saw that it was a scam. At the time only 3 people had posted comments, but that was enough for me. Thank you everyone!
To everyone who has been scammmed by these jerks. i was one that got scammed as well. i got approved for a $5,000 loan and i had to put up $920 dollars and then i guess that wasn’t enough, so they hit me again and i was a sucker and went for it because i was thinking that this money would be helpful and all it has caused is heartache. I was scammed by David Penn and Thomas Reynolds and my money was picked up by Linda Thorpe. after the 3rd call of him telling me there was a problem, i said forget this, give me my money back.He had the nerve to tell me that another lender will give me a $10,000 loan, but i had to come up with the first 12months…i don’t think so. these people need to get caught and we all need to get our money back. they are using alot of names and so far i have heard of:capital referrals services,kingston financial,silverwood financial services. so those of you who are thinking about getting a loan, think again because it will be the worst mistake you will ever make in your life. trust me, i am one person that has never done anything like this and it will definitely be the last one. I have contacted my police department,money gram, attorney general’s office,federal trade office,consumer protection, and i also filed a complaint on http://www.ic3.gov/default.aspx. so we all need to stick together and get these jerks.
Jen, i’m guessing you did not get your money back. We are out over 3,000 dollars because my husband and i didn’t use our heads when we thought it was a scam. these guys were good, really had me convinced that i was wrong in thinking they were a scam. if we weren’t in such a dire position, i would never have done it. now we are out 3,000 and cannot pay our rent, utilities. its bad.
Did they ever have a website? I just got approved for $5000.00 from a company called silverland financial I am not sure if its the same place or not but there website does not give an address I will update as soon as I get more info
I also got approved through silverland financial. But they did not ask me for a deposit. They said i sho0uld receive a prepaid card in a couple days. Is this whatt they told you?
Wow, its so amazing to se all these comments before me & my husband ended up doing the wrong thing…my husband had better instinct than me..we got approved for a $5000 loan 2 days ago..we even spoke to a guy by the name Michael, he sends us a contract & ask we paid the first 5 months payment in advance…these people should really be arrested for what they are doing..am really glad i look them up..i thank each & everyone of u for your comments..if werent for u guys, me & my husband would have been scammed…
To Joshua and Cory I have also got approved for a loan through silverland finaancial group. i spoke with a guy name william peterson number 1866-960-6326. i have very bad credit so he told me no at first. he called me back 3 days later and told me he found a lender who would put down 800 dollars for me and since i did not have a bank account he sent me out a mango credit card. i just received but i am s scared that this is a scam. but then again not really because i do not have to put any money up front. if this is legit then ill post back
Cory Josh and Lisa I also was contacted by wiliam Petterson of Silverland Financial group and they also sent me a Mango card but they were unable to put the money on it for some reason so they wanted to put it on another card so i was smart about it and gave them the number of a pre-paid card that i dont keep anything on so i am supposed to give them 2-5 days for it to be on there so i will let you all know if this went good or another scam
Hello Cory, Josh and John. When my mango card arrived i called them to let them know and william peterson told me to call back the next day after 12 because the guy who does it was not in the office. william peterson called me back the next day before 12 and told me that something was wrong with my mango card. so they will have to send out another card (walmart prepaid card). i called mango and asked about my account and why was my card cancelled. they asked for some of my information, but the email and telephone number did not match. so they told me they couldnt give me anymore information about this account until i talked with the person who opened the account. i called william peterson back and asked him about it and he claimed that they give out temporary emails and that the number was put in wrong. I didnt believe him so i called mango back to speak with a supervisor and they told me that the account had been closed. i do not know if silverland is trying to do a scam, but whatever they are up to is not going to work. i have bad credit so i was very shocked when he called me back and said he found a lender. So John please let me know what happens. they are up on the scam list of lenders, but i’m hoping and praying they are not because i really need the money. i’ll continue to post and let you guys know whats going on on my end. thanks for posting.
Hi Lisa,, We were told the same story that there was a problem with the card and that he wanted to send us another card like i said before I gave him the number of a card I dont use anymore but of course its been about 4-5 Business days and we still dont have the money ,,,we actually were told the same thing on the first day back on Monday the 1st,, that the person who did the loans wasn’t in so this is starting to seem all to funny that we aint seeing any money. Tried to call yesterday the 8th and he keep asking us to call back and this went on several times yesterday..So please write back if you get this Thank You
This is a scam company… The guys name is William… He got our personal info and now I need to know who to report this to.. They sent us all these per paid cards in our name and had us zend them to Canada… We never got the money or our cards back but I made copies so I have been calling each place… Need to know were to report this too…
the company is gone under, phone number doesnt work, they have merged with some company called shamrock financial corp, in providence rhode island. i spoke with michael and william, they both called me from (401)497-7883 and i did a reverse check on the tel# and it goes back to this company Shamrock Financial Corp. I called once and got thru to William, then I called the next day after i sent my money then they tell me i have the wrong tel#. This company is the cover up for the scam. Shamrock Financial Corp is A BIG SCAM. Lets harrass there a$$e$ and get our money back. the more people we have call and harass them the more likely we’ll get our money back
silverland financial in providence is now scamming under SHAMROCK FINANCIAL CORP. LETS GET THESE GUYS SHUT DOWN, LETS HARRASS THEM AT (401) 497-7883
CRAWFORD REFERRALS WEBSITE http://www.crawfordreferrals.com they are part of silverland financial group scam dont send any money thru western union they are a advance fee loan scam
CRAWFORD REFERRALS LOAN SCAM DONT SEND THEM ANY MONEY
1(866)277-2881 JULIA STEINBERG IS A SCAMMER FROM CANADA. THEY ARE ASKING TO SEND MONEY TO CANADA THRU WESTERN UNION DONT SEND ANY MONEY. IF YOUVE BEEN RIPPED OFF THRU SILVERLAND FINANCIAL, CALL THESE BASTARDS AND HARRASS THEM THEY ARE ************** SCAMMERS, THEY ARE THE SAME PEOPLE PUTTING ON DIFFERENT VOICES
I applied for a loan with Armadel Solutions.They made me believe I was approved for a $5000.00 loan.
I went to Western Union on 8/31/2011 and sent a money order of $520.78 To Anthony Charles with the country code of Canada. I never received money from this company. When I call the company, the number I have is disconnected. I informed my co-worker of this incident and she looked up the company and went to their site and applied for a loan with false information, except her pre-paid cell phone number. They called her yesterday and she is approved. She returned the call and they wanted her to send $750.00 by Western Union for a secured deposit and the funds would be released shortly after. She told them that she will not do that because money orders cannot trace like a check can and that she would pay over the phone with a check or debit card. They said no, they wanted Western Union. She told them she would go to the bank and get a cashier’s check and send it that way. She said no again and my co-worker told her that she knew this was a scam. The lady told her that she did not appreciate her accusing the company of being a scam and hung up on her when she asked the lady for an address. The address my co-worker was given was 866-277-2881. She googled it and that is Springfield Financial Group run by Julia Steinberg. They have several sites now. If you google either business, they both have scam stories on them.
Received three phone messages left by a “Matthew Winters” at “Rockaway Financial Services”. When I finally called him back at 1-866-277-2881 and reached him, he gave me the details that I was approved for a $10k dollar loan with a 7% APR paid back over 10 years at a montly rate of $116.11 and to secure the loan with an upfront “insurance fee” of $1,349.00. It was obvious at that point that I knew what this was about. I told him, no thanks not interested, thanks for calling and dont call back again. Don’t fall for it folks!!! It’s total b.s.
The Great Loan Center aka thegreatlc.com aka the great loan center aka thegreatlc has scammed me out over over $1,000/ do not send this compoany any money for a loan